Countryside Retail Center

25000 US Highway 19 N | Clearwater, Florida 33761

Contact Brokers

Michael Mohammed
Investment Advisor 
Michael.Mohammed@MarcusMillichap.com
(C) (860) 966-1865  

(O) (813) 387-4821
FL #SL3400500

Evan Cannan
Investment Advisor 
Evan.Cannan@MarcusMillichap.com
(C) (727) 480-1362 

(O) (813) 387-4765
FL #SL3433461

Highlights

  • At 61% Occupancy, an Investor Can Capitalize on the Opportunity to Add Value by Leasing Up the Remaining Vacancy, or an Owner User Can Utilize the 4,000 Square Feet of Contiguous Vacant Space.

  • Priced at Just $77 per Square Foot, This Property Is Competitively Priced Below Replacement Cost, and Lower Than Any Other Comparable Shopping Center on the Market.

  • All Current Tenants Are Service-Based, Destination Tenants That Are Essential to the Local Community.

  • Benefits From Exposure to Over 101,500 Cars per Day on US Highway 19 North.

  • Pinellas County Boasts the Highest Population Density in the State of Florida, and This Property Benefits From a Strong Population of Over 236,000 People Within a Five-Mile Radius.

Description

Marcus & Millichap is pleased to exclusively offer for sale Countryside Retail Center, a 18,068-square-foot shopping center located in Tampa Bay MSA. The subject property is a value-add investment or owner user opportunity. At 61% occupancy, an investor can capitalize on the opportunity to add value by leasing up the remaining vacancy, or an Owner User can utilize the 4,000 square feet of contiguous vacant space. Priced well below replacement cost at just $77 per square foot, this property is competitively priced below replacement cost, and lower than any other comparable shopping center on the market.

Uniquely positioned within Pinellas County and on US Highway 19, the busiest highway in the county, the subject property sees substantial traffic of over 101,500 cars per day. Pinellas County is credited as the densest county in the state of Florida helping to generate demand to the tenants at Countryside Retail Center. 

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201 North Franklin Street

Suite 1100

Tampa, FL 33602

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